Solis Minerals (ASX:SLM) Cash per Share : A$0.07 (As of Feb. 2024)

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What is Solis Minerals Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Solis Minerals's Cash per Share for the quarter that ended in Feb. 2024 was A$0.07.

Solis Minerals Cash per Share Historical Data

The historical data trend for Solis Minerals's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Solis Minerals Cash per Share Chart

Solis Minerals Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash per Share

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0.08

0.07

Solis Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash per Share	Get a 7-Day Free Trial															0.03	-	0.12	0.09	0.07

Solis Minerals Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Solis Minerals's Cash per Share for the fiscal year that ended in May. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.126	/	60.47
	=	0.00

Solis Minerals's Cash per Share for the quarter that ended in Feb. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	5.677	/	87.84
	=	0.06

Solis Minerals (ASX:SLM) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Solis Minerals Cash per Share Related Terms

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Solis Minerals (ASX:SLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solis Minerals Ltd (ASX:SLM) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

SLMFF:USA 08W:Germany SLMN:Canada

Address

Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017

Website

https://solisminerals.com

Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.